Suppose a simple random sample of size 43 is selected from

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Suppose a simple random sample of size 43 is selected from a population with sigma = 8. Find the value of the standard error of the mean in each of the following cases (use the finite population correction factor if appropriate)

The population size is N = 50,000 (to 2 decimals).

The population size is N = 500 (to 2 decimals).

Reference no: EM13605358

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